China - Economic Data & News 21 (Aug 23 - Jul 24)

[behappyalways]

7 pathogens are superimposed on the epidemic in mainland China, and children with the disease are given intravenous drip to do their homework

中國大陸7種病原體疊加流行 患兒打點滴寫作業｜方念華｜FOCUS全球新聞 20231128@TVBSNEWS02

https://m.youtube.com/watch?v=IamiZnN46Fs

[behappyalways]

Market saturation? Luxembourg's market share in major cities fell by 1.3%, growth slowed
市場飽和? 陸新能源車大城市市占降1.3% 增長放緩｜方念華｜FOCUS全球新聞 20231128@tvbsfocus
https://m.youtube.com/watch?v=z2aJ-8P8zgM



It is a little surprising that the first contraction in the Services component of the official non-manufacturing PMI came in November (when you'd expect even modest 11/11 to lift consumer spending).
https://twitter.com/shehzadhqazi/status ... 9355167873

[behappyalways]

It is difficult to find a job in mainland China.
The number of national exams exceeds 3 million for the first time. It is the most intense.
中國大陸找工作難 國考首破300萬人 最激烈「一職位」3572人搶｜TVBS新聞
https://m.youtube.com/watch?v=B0IVrUIGtx8


The number of marriages in mainland China in 2022 fell below 7 million, a new low in nearly 40 years
中國大陸2022結婚數跌破700萬 創近40年新低｜TVBS新聞
https://m.youtube.com/watch?v=aDnZne7tk00

[behappyalways]

China's November PMI is worse than expected, consumption is sluggish.
Cheap "military coats" become a trend

陸11月PMI差過預期 消費不振.廉價「軍大衣」成風潮｜葉佳蓉｜FOCUS全球新聞 20231201 @tvbsfocus

https://m.youtube.com/watch?v=DDovZJw8cEk

[behappyalways]

Xi Jinping's ineffectiveness in solving real estate problems, internal and external conflicts between the United States and China and the flight of funds

習解決房產效果微弱 美中衝突內憂外患資金逃 TVBS文茜的世界財經周報 20231203

https://m.youtube.com/watch?v=fN5PudMKv-Q

[winston]

China’s college graduates to hit record high 11.79 million in 2024, adding to job market pressure

Number of college graduates in China is expected to reach 11.79 million next year amid high unemployment within the 16-24 age group

Analysts say Beijing should seek to revitalise the services sector to boost jobs, while China’s education ministry has introduced 26 measures to boost employment

by Mia Nulimaimaiti

Source: SCMP

https://www.scmp.com/economy/economic-i ... e=homepage

[behappyalways]

Downgrade! Moody's lowers China's credit rating outlook to "negative", worries about real estate problems dragging down finances

降級!穆迪下調中國信評展望至「負面」 憂房地產問題拖累財政｜方念華｜FOCUS全球新聞 20231206 @tvbsfocus

https://m.youtube.com/watch?v=_-lNNNwCnkE

[behappyalways]

"#China's Communist Party issued a detailed ideological statement on Friday in Qiushi, the party’s theoretical journal, that made clear that it expects banks, pension funds & other financial orgs to follow Marxist principles & pay obedience to Xi"
https://twitter.com/ChinaBeigeBook/stat ... 5874615304


Welcome back, foreign investors! “All told, at least 11 listed Chinese companies have been forced to put out disclosures this year, alerting investors to the disappearance of executives or board members.”
https://twitter.com/julianku/status/1732948673393242194


Moody's Told Staff In China To Work From Home Ahead Of Downgrade To Country's Credit Outlook app
https://www.zerohedge.com/markets/moody ... it-outlook

[behappyalways]

Mainland China scrambles for 6G standard, expected to be commercialized in 2030
大陸搶奪6G標準 預計2030年達成商用｜方念華｜FOCUS全球新聞 20231207 @tvbsfocus
https://m.youtube.com/watch?v=0XNC_0gHFec


Politico reported the inside story of Qin Gang's resignation. The Russian deputy foreign minister reported that the Communist Army was infiltrated by the West.
Politico報導秦剛下台內幕 俄副外長告密共軍遭西方滲透 TVBS文茜的世界周報 20231209
https://m.youtube.com/watch?v=C2jDeskY7SU

[behappyalways]

Foreign direct investment into China fell for the first time ever in Q3 2023
https://twitter.com/Mayhem4Markets/stat ... 3729705208


Stopped falling and rebounded! China's exports increased by 0.5% year-on-year in November. Analysis: Manufacturers' price reduction momentum
止跌回升!陸11月出口年增0.5% 分析:廠商降價衝量｜方念華｜FOCUS全球新聞 20231208 @tvbsfocus
https://m.youtube.com/watch?v=Hd9xnU_ZoCA